Metsger Sworn in as NCUA Board Member

August 26 The Honorable Richard T. Metsger was sworn on Friday at a private swearing-in ceremony in the Senate Banking Committee hearing room. Metsger provided attendees with comments about his vision as the newest board member, noting that regulators need to be sure credit unions can be innovators. "As I said during my confirmation hearing, my vision is for NCUA to be recognized as an agency that manages its own fiscal house well, proposes regulatory action that is effectively targeted to achieve the desired outcome without placing unnecessary burdens on the credit unions themselves and, above all, maintains the confidence and trust the American public places in their local credit union," Metsger said.

NASCUS President and CEO Mary Martha Fortney attended the ceremony and the celebratory luncheon which followed in Metsger's honor. "I offer congratulations to you from the NASCUS Board, Credit Union Advisory Council, NASCUS regulators and state credit unions," Fortney said. "We look forward to working with you in the coming months on matters of concern and interest," she added.

NCUA General Counsel Mike McKenna administered the oath of office. Metsger is the 20th Board Member of the NCUA.